The Risk of Assessing Control Risk Too High Is

question 73

Multiple Choice

The risk of assessing control risk too high is

• A)an error that will affect the efficiency of the audit
• B)an error that will affect the effectiveness of the audit
• C)an error that will affect the reliability of the audit
• D)an error that will affect the relevance of the audit

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Definitions:

Academic Achievers

Individuals who attain a high level of success in educational settings through excellent performance and grades.

Professional Athletes

Individuals who are paid to compete in sports at an expert level.

Mere Exposure Effect

The mere exposure effect is a psychological phenomenon where individuals develop a preference for things merely because they are familiar with them.

Attitude Accessibility

Ease or difficulty of retrieving an attitude from memory.